More and more companies and agricultural entrepreneurs are investing in multiple home batteries to store energy and save costs. But what about insurance? Home batteries bring specific risks and considerations that you need to include in your policy. In this blog, we explain what you need to know about fire risks, policy conditions, and business coverage when installing multiple home batteries.

Why is insurance important for home batteries?

Home batteries are valuable installations that can sustain physical damage and pose risks to your property. Especially with multiple batteries at one location, the importance of good insurance increases significantly.

Important risks to consider:

• Increased fire risk due to heat development and technical defects.

• Damage to the batteries themselves from external factors such as water damage or theft.

• Possible liability towards third parties in the event of incidents.

By taking out appropriate insurance for your home batteries, you ensure that you are well protected against financial damage.

Fire risks with multiple home batteries

Although modern home batteries are designed safely, there is always a small fire risk. Especially in larger systems where multiple batteries are positioned next to one another, a good risk assessment is crucial.

Important considerations:

• Install batteries according to the manufacturer's guidelines and in compliance with fire safety standards.

• Ensure sufficient ventilation to prevent overheating.

• Use certified products and have the installation completed by recognized installers.

• Consider installing smoke detection and automatic fire suppression systems in the battery room.

Good preparation and correct installation help to mitigate risks, but insuring your home batteries remains essential.

What to pay attention to in the policy conditions?

Not every standard building or inventory insurance automatically covers damage to or caused by home batteries. Therefore, it is important to specifically look at the policy conditions.

Pay attention to the following points:

• Are batteries or energy storage systems explicitly included in the coverage?

• Are there specific requirements for installation, certification, or inspections?

• Is damage caused by short circuits, overheating, or explosions covered?

• Is there a maximum insured amount per battery or per location?

Consult with your insurer about the specific situation regarding your home batteries to prevent surprises.

Business coverage for home battery systems

When you use home batteries for business — for example, on a business property or agricultural site — you fall under different insurance conditions than for private use. Business insurance usually offers broader coverage but also imposes stricter requirements.

Important differences:

• Increased coverage for business assets.

• Attention to business interruptions as a result of battery failure.

• Sometimes additional requirements for fire safety and maintenance intervals.

Always choose a policy tailored to your sector and the type of use of the home batteries for business applications.

The relevance of insurance for large-scale energy storage

With the rise of sustainable energy and home batteries, the importance of risk management is also increasing. Especially when installing multiple home batteries, good insurance is not a luxury but a necessity. By choosing the right coverage, you ensure that your investment is protected and that you can quickly recover in emergencies.

A well-considered insurance makes investing in home batteries not only safer but also much more carefree.

Frequently asked questions about insurance for multiple home batteries

Does my existing building insurance cover damage to home batteries?
Not always. Check whether energy storage systems are explicitly included in the coverage.

Is fire risk with home batteries really a big problem?
The risk is small but present. Especially with incorrect installation or the use of defective equipment.

Do I need to inform my insurer if I install home batteries?
Yes, this is essential to maintain coverage and to comply with any additional policy conditions.

Are there separate insurances for energy storage systems?
Yes, some insurers offer specific packages for home batteries or energy storage installations.

Is business interruption due to failure of home batteries covered?
Only if you have business interruption insurance that explicitly covers this.

Do I need to conduct an annual inspection for my insurance?
Often yes, especially for business applications. This can be a requirement for maintaining full coverage.

Is theft of home batteries also covered?
That depends on your policy. Usually, physical security is then a requirement.